Banks

interest-rates

Ultra-low Interest Rates: Dangerous or Just a Price?

22/09/2015(0)
Two recent reports start by observing that long-term interest rates have been at extraordinarily rock-bottom levels for several years now. But from that common starting point, the analysis of ... Read More
PBC China Central Bank 1

China central bank orders banks to tighten supervision of clients’ forex deals: sources

18/09/2015(0)
The People’s Bank of China has ordered banks to closely scrutinize clients’ foreign exchange transactions to prevent illicit cross-border currency arbitrage, sources with the direct knowledge of the matter ... Read More
Piraeus Bank

Greece: Banks prepare for crackdown on bad loans

16/09/2015(0)
Banks are preparing for a drastic revision to their method of tackling nonperforming loans right after this Sunday’s elections, as Greece’s commitments included in the third bailout agreement provide ... Read More
deutsche-bank logo

Deutsche Bank to close almost all Russian operations: sources

15/09/2015(0)
Deutsche Bank (DBKGn.DE) has decided to close its Russian operations, apart from transaction banking services, two financial sources told Reuters on Monday. Such a move would make Russia the ... Read More
credit_suisse

Credit Suisse Reaches Tentative $85 Million Settlement on ‘Dark Pool’ Probe

15/09/2015(0)
Bank to pay $30 million to New York, $55 million to federal authorities Credit Suisse Group AG, one of the biggest operators of a “dark pool,” reached a tentative agreement ... Read More
Surveillance--phones

Traders’ Phones Are Becoming a Zone of Total Surveillance

14/09/2015(0)
At large banks, regulatory requirements and new technology change how conversations are conducted Wall Street has a message for its traders: Watch what you say. At large banks in ... Read More
greece-national-bank

Greece: Capital controls relaxed for corporations

10/09/2015(0)
The Greek Finance Ministry eased capital controls on corporate transactions on Wednesday by doubling from 7 to 14 million euros the daily limit each of the country’s four systemic ... Read More
Credit Suisse branch is seen in New York

Credit Suisse challenges court order to pay $288 mn in mortage suit

09/09/2015(0)
Swiss banking giant Credit Suisse on Monday challenged a court ruling ordering it to pay a US hedge fund $287.5 million (257.6 million euros) in a case linked to ... Read More
Barclays

Barclays has two blockchain ‘labs’ in London and is planning 45 experiments with the technology

07/09/2015(0)
Like pretty much every other major bank at the moment, Barclays is very interested in the potential of the blockchain, the technology that underpins bitcoin. The Sunday Times reported this ... Read More
ubs

UBS Diverts $5 Billion of Asia Deposits to Curb Basel III Costs

04/09/2015(0)
UBS Group AG has shifted more than $5 billion of riskier Asia-Pacific deposits into alternative cash investments as new rules raise the cost of holding them. The world’s largest ... Read More
Broker Cyprus TopFX